Episode 84: All about Not for Profit FP&A - Amy Omand

Show Notes

One of the myths I'd love to dispel is that nonprofits are not strategic. People think we aren’t forward-thinking or just scrapping for change and trying to get things done. I've had the honor of working with organizations where we really focus on our mission in a nonprofit context in a very strategic way.”

You don’t want to miss this masterclass with Amy Omand . Omand is Fractional CFO, at 7 Seat Consulting, working with not-for-profits getting from early to mid-stage growth. In this episode, she reveals her journey from managing FP&A at Dreyer’s Grand Ice Cream (bought by Nestle) to former CFO of New Schools Venture Fund and setting up her business focused on not-for-profits.

In this episode:

  • Dreyer's ice cream Budgeting Experience - the problems that can melt financial analysis with a new ice cream line launch

  • Passion for K12 education and the finance factor in education

  • The differences-and similarities- between nonprofit and "for profit" FP&A

  • Why cash is (still) king at nonprofits

  • Restrictions placed on how money is spent by nonprofits

  • Taking Revolution Foods, a Healthy School Lunch Company, through their first B Corporation certification

  • Why Metallica works best for budget and modeling

YouTube Video

Read the Transcript

Show Links

The Social Responsibility of Business: Kelly McElhaney. https://executive.berkeley.edu/kellie-mcelhaney

The #1 FP&A Community (Slack) Join here - A global community and resource hub for modern FP&A leaders like you.

FP&A Today is brought to you by Datarails.

Earn CPE credit through Earmark for listening to this episode.

Previous
Previous

Episode 85: Why and How I built an FP&A Center of Excellence at Verizon - Ed Hyer

Next
Next

Episode 83: Christian Martinez - When FP&A meets AI, Python, and Excel